For financial services organisations with monthly payrolls potentially running into millions of pounds, errors are not only expensive but can have a very damaging impact on employee relations. We provide financial services payroll support to some of the leading businesses in the Financial Services world, and has experience and knowledge of Banking, Finance, Insurance, and Investments sectors.
Specific requirements for financial services payroll or companies with highly regulated environments can include:
- Visibility of information
- Compliance to strict legislation
- Bespoke reporting requirements
- Robust payroll processes
- Management of Information
- Stringent data protection requirements
- Pension reform administration and third party guidance
- Central and secure data storage
- Knowledge of FCA and regulatory compliance and other industry changes
At FMP, we have significant experience in dealing with all aspects of payroll management in the Financial Services sector, not only in the ‘Square Mile’ but throughout the UK.
Our expertise will help save you time and resource within your financial services payroll, and add business efficiencies to the process. More importantly, we understand that payroll can be an emotive subject with staff. We’ll ensure that they’re paid accurately, on time, every time, providing professional support to help guide you with your employee payroll queries.
In an age where legislation is constantly evolving, data protection is critical and security is essential. Our encrypted data systems ensure that you have rock solid data security.